Plan Snapshot
- Plan Sponsor: Neca-Ibew Local 584 Pension Plan
- Sponsor EIN: 736130146
- Sponsor Address: 2425 N CENTRAL EXPY STE 120, RICHARDSON, TX, 750802714
- Plan Type: DB
- Total Participants: 323
- Total Assets: $42.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 323 | $42.3M | $2.2M | $0 |
| 2023 | 313 | $38.0M | $1.7M | $0 |
| 2022 | 393 | $33.6M | $2.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| HORIZON ACTUARIAL SERVICES LLC | ACTUARY | $67,263 | — | $67,263 |
| SOUTHWEST SERVICE ADMIN INC | ADMINISTRATOR | $66,241 | — | $66,241 |
| RBC WEALTH MANAGEMENT | INVESTMENT MANAGER | $53,440 | — | $53,440 |
| CONNER & WINTERS LLC | LEGAL | $25,372 | — | $25,372 |
| ACCOUNTING SOLUTIONS GROUP LLC | AUDITOR | $18,125 | — | $18,125 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC WEALTH MANAGEMENT — INVESTMENT MANAGER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $230,441
- Estimated Expense Ratio: 0.544% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $302,049 | $53,440 | $66,241 | $18,125 | — |
| 2023 | $308,968 | $48,579 | $62,114 | $20,200 | — |
| 2022 | $282,011 | $43,950 | $61,196 | — | $112,499 |